The Development Corporation for Israel, commonly known as Israel Bonds, was established in 1951 and is the broker-dealer and underwriter for securities - Israel bonds - issued by the State of Israel in the United States. Worldwide sales have averaged over $1.2 billion annually for the past decade and are included in the portfolios of a diverse array of investors, dispelling the outdated misconception of Israel bonds as “charity.” Since its launching, the Israel Bonds organization has been, and continues to be a strategic, indispensable asset for Israel’s economy, particularly in light of continued geopolitical uncertainty in the Middle East and fiscal difficulties plaguing many euro zone countries.